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Updated July 2026Zillowmonthly

48085 Real Estate Market Update: Troy, MI, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 48085 in Troy, Michigan, for July 2026: a $455K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$455K
Median sale price, July 2026
15
Days to pending
101.6%
Sale-to-list
ZIP 48085, Troy, MI, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$455K▼ -2.0%n/a
Days to pending15▲ +50.0%n/a
Homes for sale81▲ +20.9%▲ +30.6%
Sale-to-list101.6%▼ -0.5%n/a
New listings40▲ +8.1%▲ +14.3%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 48085 numbers say

The 48085 ZIP in Troy is leveling off. The median sale price is $454,573, roughly flat year over year. Homes here move fast: a typical listing goes under contract in about 15 days, and sellers are getting 101.6% of list price.

With 81 homes for sale and 40 new listings this month, 48085 is currently an active market.

What this means if you sell in 48085

Use these figures to set expectations early with each client. Lead a listing appointment with the $455K median price and the 15-day pace, show the year-over-year direction, and frame 48085 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 48085 market

We built LOKAL to pull 48085's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $455K median sale price, a 101.6% sale-to-list ratio and a -2.0% month-over-month move with 81 homes for sale. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 48085 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 48085 housing market

What is the median home price in ZIP 48085 (Troy, MI)?
As of July 2026, the median sale price in ZIP 48085 is $454,573, per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 48085 a buyer's or seller's market right now?
ZIP 48085 is currently an active market, based on a 101.6% sale-to-list ratio, about 15 days on market for July 2026.
How long do homes take to sell in ZIP 48085?
A typical listing in 48085 goes under contract in about 15 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 48085 market data come from?
All figures for 48085 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.